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✉news BusinessFinance first seen 11 h ago, last 57 min ago, peak #4

South Korea's president orders probe into financial data leaks

Original: South Korean president orders probe into data leaks across financial industry

South Korea's president has ordered an investigation into data leaks affecting the country's financial industry, according to Reuters. The probe will examine how customer data breaches occurred across multiple financial institutions and what safeguards failed. The announcement follows growing public concern in South Korea over the mishandling of personal and financial information by companies holding sensitive customer records.

Why now: Public and industry concern over personal data breaches at major South Korean financial institutions has prompted the presidential intervention.

South KoreaSouth Korean presidentfinancial industry

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